If you bought in 90's and rode it down to the 76's, why do you want to sell with only a small profit when you risked so much? Should be looking at risking small like 1% or 3% (though with this 3xleverage you need room to give it a chance) and winning at least 4-5x your risk. I will say I use Douglas idea of taking a small chunk out very quickly when in profit.
Lets say my average is 80 and my stop is 73...to make it worth my while the target should be at least 108 to make it worthwhile. This way I can lose 4 times and win once...
You could takes some off the table at some point so you have ammo down the road in case you have the opportunity to put it to work. I try to keep a portion of my account cash incase I screw up or have an oppurtunity. Not sure but probably you knew this stuff...just my take
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